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Chenmai Venture Capital
Chenmai Venture Capital is a private equity firm based in Shanghai, China. It focuses on venture capital investments. The firm has a team of 5 staff members.
Chenmai Venture Capital
Chenmai Venture Capital is a private equity firm based in Shanghai, China. It focuses on venture capital investments. The firm has a team of 5 staff members.
General information
Firm type
Venture Capital
Location
Region
Asia
Country
China
City
Shanghai
Corporate office
Shanghai, China
Principals
Lin Chen
Founding Partner
Yun Zhang
Partner
Sector focus
Frequently asked questions
How does Chenmai Venture Capital source proprietary deal flow?
Chenmai sources deal flow through relationships developed during Lin Chen's prior tenure in Shanghai's technology sector and through references from portfolio-company founders. The firm also leverages its integration with local government procurement pipelines—portfolio companies are introduced to smart-city and industrial-automation contracts, creating an origination funnel that incoming founders find valuable beyond the capital itself.
Does Chenmai participate in fund commitments or only direct deals?
Chenmai invests almost exclusively through direct equity positions, with seed and Series A representing the majority of its deployment. The firm makes occasional follow-on investments in existing portfolio companies and has participated in secondary purchases from departing angel investors. No fund-of-funds commitments to external GPs are recorded in public disclosures.
Which sectors does Chenmai explicitly avoid?
Chenmai avoids consumer internet, digital media, and pure-play e-commerce—sectors dominated by the strategic venture arms of Alibaba, Tencent, and ByteDance. The firm also does not invest in biotechnology, pharmaceuticals, or hard-tech sectors like advanced materials, instead concentrating exclusively on enterprise software, applied AI, and industrial technology.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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